Asian Shares: China Shares Teeter on Losses

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Chao Deng China's shares flitted between positive and negative territory Wednesday as officials stepped up efforts to calm markets, while other Asian shares recovered from recent losses with focus shifting to corporate earnings and the Federal Reserve's monetary-policy meeting. ...

Citrix Systems CEO to Retire

TODAY: July 29, 2015 PUB DATE: July 29, 2015

Citrix Systems Inc. announced the retirement of its long time chief executive, Mark Templeton, and the workplace-software company announced plans to appoint Jesse Cohn of Elliott Management Corp. to its board of directors. The news comes as the company reported ...

Solvay to Buy Cytec Industries for $5.5 Billion

TODAY: July 29, 2015 PUB DATE: July 29, 2015

BRUSSELS?Belgium-based chemicals company Solvay SA on Wednesday said it is buying U.S. counterpart Cytec Industries Inc. for $5.5 billion to boost its product offering. Solvay said it would pay $75.25 a share for Cytec and finance the deal by raising ...

European Stocks Build on Gains

TODAY: July 29, 2015 PUB DATE: July 29, 2015

European stocks rose Wednesday, cheered by a further stabilization in Chinese equity markets, but trading volumes were expected to remain thin and investors cautious ahead of a policy statement from the U.S. Federal Reserve later in the day. The Stoxx ...

ASIA MARKETS: Chinese Stocks Close Higher, Halting 3-day Skid

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Chao Deng Gains baffle many analysts, who suspect government intervention China's shares ended higher Wednesday, with sharp gains in the last half-hour of trading, as officials stepped up efforts to calm markets. The Shanghai Composite gained 3.4%, ending at ...

Asian Shares: China Shares Break Three-Day Losing Streak

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Chao Deng China's shares ended higher Wednesday as officials stepped up efforts to calm markets, while other Asian shares were roughly flat, with focus shifting to corporate earnings and the Federal Reserve's monetary-policy meeting. The Shanghai Composite gained 3.4%, ...

S&P Lowers Brazil's Credit Outlook -- Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Paulo Trevisani BRASÍLIA--Standard & Poor's Ratings Services on Tuesday downgraded its outlook for Brazil's sovereign debt, saying the government will have to show firmer resolve to tackle the country's fiscal woes if it hopes to maintain the nation's investment-grade ...

Citrix Systems CEO Mark Templeton to Retire -- 2nd Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Don Clark and Neil Haggerty Citrix Systems Inc. said Chief Executive Mark Templeton planned to retire after two decades at the software maker, which announced a series of leadership and potential structural changes in the wake of pressure from ...

Asian Shares Flat as Investors Await Fed Meeting

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Chao Deng Asian shares were roughly flat Wednesday, as investors shifted focus to positive corporate earnings and the Federal Reserve's monetary-policy meeting from China's three-day selloff. The Shanghai Composite is up 1.4% at 3715.93. The smaller Shenzhen Composite is ...

Correction to South Korea MERS Article (on Tuesday)

TODAY: July 29, 2015 PUB DATE: July 29, 2015

South Korea's central bank has cut interest rates once since the outbreak of MERS. "South Korea MERS Outbreak Is Over, Government Says," at 0307 GMT, incorrectly said it had cut interest rates twice in the eighth paragraph. (END) Dow Jones ...

SSE PLC SSE PLC GAS ASSETS ACQUISITION

TODAY: July 29, 2015 PUB DATE: July 29, 2015

TIDMSSE RNS Number : 3660U SSE PLC 29 July 2015 SSE plc GAS ASSETS ACQUISITION SSE plc, through its wholly-owned subsidiary SSE E&P; UK Limited, has entered into an agreement with Total E&P; UK Limited to acquire: a 20% interest ...

Correction to Dollar Article

TODAY: July 29, 2015 PUB DATE: July 29, 2015

The euro fell against the yen, reaching Y136.55 midday from Y136.60 overnight. "Dollar Flat Against Yen, Euro Ahead of FOMC," at 0522 GMT, misstated the direction of the movement in the 11th paragraph. (END) Dow Jones Newswires July 29, 2015 ...

S&P Lowers Brazil's Credit Outlook -- 2nd Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Paulo Trevisani BRASÍLIA--Standard & Poor's Ratings Services on Tuesday downgraded its outlook for Brazil's sovereign debt, saying the government will have to show firmer resolve to tackle the country's fiscal woes if it hopes to maintain the nation's investment-grade ...

Asian Shares Flat as Investors Await Fed Meeting

TODAY: July 29, 2015 PUB DATE: July 29, 2015

Asian shares were roughly flat Wednesday, as investors shifted focus to positive corporate earnings and the Federal Reserve's monetary-policy meeting from China's three-day selloff. The Shanghai Composite is up 1.4% at 3715.93. The smaller Shenzhen Composite is 2.3% higher at ...

Oil Prices Rebound From Four-Month Lows

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Biman Mukherji HONG KONG--Oil prices rebounded from near four-month lows on Wednesday as calm returned to equity markets following a selloff in China earlier in the week. The plunge in China's stock market hit trading sentiment and investors withdrew ...

Asian Shares: China Shares Teeter on Losses

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Chao Deng China's shares flitted between positive and negative territory Wednesday as officials stepped up efforts to calm markets, while other Asian shares were roughly flat, with focus shifting to corporate earnings and the Federal Reserve's monetary-policy meeting. The ...

Lafarge Swings to 2Q Loss on Charges Related to Holcim Merger

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Inti Landauro PARIS--French cement maker Lafarge SA (LFRGY), which merged with rival Holcim (HCMLY) earlier in July, Wednesday said it posted a net loss of 381 million euros ($419 million) in the second quarter, primarily due to charges relating ...